Humm... I thought about them, but decided it was not for me. "They’re a digital currency. Therefore, there is nothing tangible about them. They have to be stored in a digital wallet. These “wallets” vary based on the type of device used (computer, phone, tablet, external hardwallet, etc.), and come with potential risks." a risk I personaly did not want to take. "Ultimately, it’s a risk. But aren’t all investments? Bitcoin value changes daily, similar to the stock market.
The second risk are the hackers. Cyber criminals know the value of one bitcoin. They know its value has skyrocketed. They also know this is a digital currency that is often kept on one’s devices. How convenient — hackers know how to hack into devices! Once the bitcoin is hacked, it’s gone.
The last risk is losing the bitcoin because of hardware failures. If your hard drive crashes and the data isn’t recoverable — neither is your bitcoin. Ouch! Or if you store your bitcoin on an external storage device and lose that device, it’s gone. That would be a hard pill to swallow.
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